SPDR S&P 500 ETF TRUST
Panjang

Christmas Rally still ahead

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This is not an investment advice. Please do your DD.

The market has been selling off lately due to the new variant but I think it was expected.

From my last ideal where I mentioned we were in a bullish megaphone pattern (See below) played out exactly.

Now I think we are doing exactly what we did last November but a little late.

I still expect a rally starting a week before Christmas.

I think we (could) be in the final phase of the long term market cycle but I will update again in January.

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